Ethereum (
$1,947.23 ) went through a major software upgrade on Thursday, which is expected to stabilise transaction fees and reduce supply of the token. There has been a lot of talk in crypto markets about the so called ‘London Hard Fork’ and Ian Lowe from dacxi explains that . He says Ethereum ( $1,947.23 ) will now undergo a significant overhaul of the network’s transaction fee market. He adds that ether was trading lower lower into the upgrade, but then the coin regained momentum, to clear the $US2,800 level. Meanwhile, crypto is in focus here in Ausrtalia – as a senate select committee is underway into the digital currencies framework. The committee is led by chairman Senator Andrew Bragg, who acknowledges that the crypto market is undeveloped in Australia. Ian Lowe welcomes the government’s involvement, saying it’s long overdue. However, he says given Australia lags well behind other markets, this is an opportunity for the regulators to pick and choose the best and most effective regulatory measures applied elsewhere.
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$67,486.00 ) miners produced nearly $800M of BTC in Q1 2025
